Aquina Blog

The JP Morgan Institute released a report detailing the behavior of over 600,000 small businesses in their bank network.  Their conclusion is that “cash is king” and that “cash reserves are a critical tool for meeting liquidity needs”.  JP Morgan reported that businesses held average daily bank balances equal to 27 days’ worth of expenses.

Two market leaders serving healthcare businesses team to expand their product offering

The CMS has begun a trial of a new pre-claim review process in Illinois on August 1st.  This new program requires home health care providers to submit claims to CMS contractors much earlier in the care process, to be audited before the claim is actually submitted for payment. The CMS has pitched this to home health agencies as a simple change to the revenue cycle, putting the pre-claim review authorization in as an added step before claim submission. However we are hearing that this is not the case.

Provider Web Capital is Building a Community by Offering our Healthcare Clients Funding Solutions

Fortune Magazine recently wrote on Square Capital's partnership with Upserve, "a startup that offers software and its own point of sale service to help restaurants."  Through this partnership, "Upserve will provide anonymous sales and cashflow data to Square," and Square will "analyze this data to see which restaurants qualify for loans. Eligible Upserve customers will receive personalized loan offers directly within the Upserve software."  Fortune reports that customers accepting the offer can be funded within 24 hours.

Provider Web Capital is Building a Community by Offering our Healthcare Clients Funding Solutions

Press Release

Healthcare Originations Flourish & Senior Vice President of Strategic Partners Joins the Team

Introduction

A Remit ATM Case Study #2: A Five-Day Delay between Payroll & Reimbursement from Biggest Payer